• News Feeds
Page last updated at 07:47 GMT, Thursday, 28 June 2012 08:47 UK

Former RBS chair: Barclays traders' behaviour 'appalling'

Advertisement

Barclays chief executive Bob Diamond is facing calls to resign over a scandal in which the bank's traders tried to manipulate the interest rates at which banks lend to one another.

Former RBS chair Sir George Matthewson told the Today programme that the behaviour of the individual traders involved was "appalling".

If senior management knew what was going on, he said, then "they deserve everything they are going to get".

"Bob Diamond is the first chief executive to command the sort of rewards he is getting, there is a very high expectation of him," he told John Humphrys.


Get in touch with Today via email , Twitter or Facebook or text us on 84844.

SEE ALSO

Story Tools

BBC navigation

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific